NOT LISTED FOR SALE

435 Highway 20 Summertown, TN 38483

Estimated Value: $380,000

Studio
1 Bath
1,128 Sq Ft
$337/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $550,000 $488 Per Sq Ft

Est. 31% decrease in value since last sale

Current estimated payment $1,983/month

155 Days on Market

Highlights

  • 120 Acre Lot
  • No Heating
  • Farm
  • 25 Acres of Pasture

About This Home

As of December 2020

Park-Like Setting with Mature Timber for your Dream Home or Investment Near Summertown As you enter this property you realize that it is something incredibly special and rare. Just minutes from Summertown and having long frontage on highway 20 this property has incredible development potential or would make the perfect location for your dream home or retreat. The property has huge mature White Oak Timber with significant value. There are about 25 acres of rolling pasture.

Last Agent to Sell the Property

Gary Carty

RE/MAX Solutions License #327380 Listed on: 06/23/2020

RE/MAX Solutions

Last Buyer's Agent

Travis Robeson

Fridrich & Clark Realty License # 276157

Fridrich & Clark Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $800

Lot Details

  • 120 Acre Lot
  • Property fronts a county road

Home Design

  • Farm

Schools

  • David Crockett Elementary
  • Lawrence County High School

Utilities

  • No Cooling
  • No Heating

Additional Features

  • Property has 3 Levels
  • 25 Acres of Pasture

Listing and Financial Details

  • Assessor Parcel Number 003 00400 000

Property Details

Property Type

Other

Est. Annual Taxes

$800

Lot Details

120 Acres

Listing Details

  • Prop. Type: Farm
  • Habitable Residence: No
  • Inclusions: LAND
  • Unit Levels: Three Or More
  • New Construction: No
  • ResoPropertyType: Farm
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Fireplace: No
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: None
  • Water Source: Private
  • Cooling Y N: No
  • Heating Yn: No

Lot Info

  • Zoning: None
  • Lot Size Acres: 120
  • Lot Size Units: Acres
  • Parcel #: 003 00400 000
  • Pasture Area: 25
  • Property Attached Yn: No
  • Wooded Area: 95
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 800

MLS Schools

  • Elementary School: David Crockett Elementary
  • High School: Lawrence County High School
  • Middle Or Junior School: David Crockett Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2020
Closed on
Dec 29, 2020
Sold by
Barrier Danny and Barrier Barbara
Bought by
Fleming Benjamin Daniel and Fleming Christi Lynette
Seller's Agent
Gary Carty
RE/MAX Solutions
Buyer's Agent
Travis Robeson
Fridrich & Clark Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$170,000
Avg. Annual Appreciation
-6.85%
Original Mortgage
$424,150
Outstanding Balance
$296,449
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$83,551

Purchase Details

Listed on
Jun 23, 2020
Closed on
Dec 23, 2020
Sold by
Barrier Danny and Barrier Barbara
Bought by
Fleming Benjamin Daniel and Fleming Christi Lynette
Seller's Agent
Gary Carty
RE/MAX Solutions
Buyer's Agent
Travis Robeson
Fridrich & Clark Realty
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,150
Outstanding Balance
$296,449
Interest Rate
2.3%
Mortgage Type
New Conventional
Estimated Equity
$83,551

Purchase Details

Closed on
Sep 22, 2014
Sold by
Spears Gary
Bought by
Barrier Danny A and Barrier Barbara S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Fleming Benjamin Daniel $550,000 New Title Company Name
Fleming Benjamin Daniel $550,000 New Title Company Name
Fleming Benjamin Daniel $550,000 Dlo Title Llc
Fleming Benjamin Daniel $550,000 Dlo Title Llc
Barrier Danny A $298,000 --
Barrier Danny A $298,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Benjamin Daniel $424,150
Closed Fleming Benjamin Daniel $424,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $550,000 -8.2% $488 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $599,000 -- $531 / Sq Ft
Source: Realtracs

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $326 $16,225 $16,225 $0
2024 $326 $16,225 $16,225 $0
2023 $326 $16,225 $16,225 $0
2022 $326 $16,225 $16,225 $0
2021 $385 $13,000 $13,000 $0
2020 $349 $11,800 $11,800 $0
2019 $349 $11,800 $11,800 $0
2018 $349 $11,800 $11,800 $0
2017 $349 $11,800 $11,800 $0
2016 $349 $11,800 $11,800 $0
2015 $323 $11,800 $11,800 $0
2014 $273 $9,975 $9,975 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2162676

Realtracs

APN: 003-004.00

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